Dhaka : MTB Foundation, the philanthropic arm of Mutual Trust Bank PLC (MTB), and UCEP Bangladesh, a renowned non-governmental organization, signed a Memorandum of Agreement to establish the MTB UCEP Skills Training Institute (MUSTI) in Mymensingh.

The three-year initiative, running from July 2025 to June 2028, initially aims to provide market-relevant skills training to 1,200 disadvantaged youth aged 17-35. Participants will complete a six-month (360-hour) program in five high-demand trades: Electrical Installation and Maintenance, Tailoring and Dress Making, Beautification, Bakery and Pastry Production, and Graphic Design.

Through this partnership, the MUSTI project seeks to generate significant socio-economic impact by enhancing income opportunities for disadvantaged youth and women. The initiative is designed to address local skill gaps, foster professional growth, and promote sustainable livelihoods.

The launch event, held at the MTB Foundation head office in the capital, was attended by MTB Board Chairman Rashed Chowdhury, MTB Foundation Chairman Khwaja Nargis Hossain, MTB MD and CEO Syed Mahbubur Rahman, and MTB Foundation CEO Samia Chowdhury.

UCEP Board Vice-Chairperson Uzma Chowdhury; Former Chairperson Dr Mohammad Alauddin; Former Chairperson Matin Chowdhury; and UCEP Bangladesh Executive Director Dr Md Abdul Karim were also present on the occasion.